A consortium consisting of Bumi Armanda Offshore Limited and PT Armanda Gema Nusantara has received a letter of intent—from Husky-CNOOC Madura Limited—to supply a floating production, storage, and offloading vessel for the Madura BD field, offshore Indonesia, for a fixed period of 10 years. The contract has a value of USD 1.18 billion and includes options for five annual extensions, which are worth an additional USD 147 million.
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